TrueUSD (TUSD) is a stablecoin launched by TrustToken. It is pegged to USD so that 1 TUSD equals 1 USD. The coin is fully collateralized and claims to be completely transparent as well-established third-parties constantly audit and verify it. Safety is an important part of the TrueUSD cryptocurrency ecosystem: collateral is safely stored by banks and to get a TUSD token users will have to pass all the proper KYC/AML procedures.
As for the technical side, the TUSD token is an ERC20 token based on the Ethereum network. There is also the second variation of the coin, TUSD, that runs on the Binance chain.
TrueUSD Payment Benefits:- Fast
No need to wait for endless blockchain confirmations, the payments are finalized in seconds. - Secure
TrueUSD coin allows for ultimately secure and safe transactions, it is legally protected and verified by external auditors. - Volatility-free
TUSD - unlike many popular mainstream coins - is free from volatility. You can rest assured your assets aren’t going to lose their value.